Spaans Babcock Limited

Spaans Babcock Ltd from Lancashire UK: a small, active company founded 32 years ago, employs 27 people, and holds £2,094,179 in assets. With two directors and no officially listed owners, the business operates from a real address and is regularly importing machinery, boilers, and mechanical appliances – parts, with the last import operation in August 2024. It exports these same items, but less frequently, with the last export occurring in December 2021.

The company specializes in the installation of industrial machinery and equipment, and its website showcases a range of products and services, including screw pumps, turbine screens, and aeration systems. It also highlights its experience in water contracting and references a 125-year legacy of expertise. Recent news updates on the website detail participation in industry events like IFAT 2024 and Aqua Nederland, and even a visit from a local primary school.

Financially, Spaans Babcock Ltd shows some concerning trends. While cash reserves increased by 23% to £830,000, current assets dropped by 22% to £2,100,000. Debtors have also fallen significantly, down 34% to £760,000. Equity has taken a hit, declining 27% to £640,000. Creditors have decreased slightly, which is a positive sign. The company’s small size – meeting two of three conditions to be considered small – allows for flexibility, but the drop in equity suggests potential financial pressure. The lack of an auditor mentioned is likely due to the company’s size, so the figures are unaudited. It's possible the company is reinvesting profits back into the business, but the declining equity warrants closer monitoring.

Registered in England/Wales under the registration number 02763560, with a registered address at OL10 2JG, Lancashire, 305 Phoenix Close, Heywood.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.